Kehua Data Co (SZSE:002335) Effective Interest Rate on Debt % : 3.39% (As of Mar. 2024)

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What is Kehua Data Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Kehua Data Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥99 Mil. Kehua Data Co's average total debt for the quarter that ended in Mar. 2024 was ¥2,911 Mil. Therefore, Kehua Data Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.39%.

Kehua Data Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Kehua Data Co's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kehua Data Co Effective Interest Rate on Debt % Chart

Kehua Data Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.25

2.81

3.77

3.34

2.38

Kehua Data Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.35	1.56	3.89	0.94	3.39

Competitive Comparison of Kehua Data Co's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Kehua Data Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kehua Data Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kehua Data Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kehua Data Co's Effective Interest Rate on Debt % falls into.

Kehua Data Co Effective Interest Rate on Debt % Calculation

Kehua Data Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -66.572	/	( (2594.073	+	2993.419)	/ 2 )
=	-1 * -66.572	/	2793.746
=	2.38 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1796.453	+	797.62
=	2594.073

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2804.976	+	188.443
=	2993.419

Kehua Data Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -98.636	/	( (2993.419	+	2828.095)	/ 2 )
=	-1 * -98.636	/	2910.757
=	3.39 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2804.976	+	188.443
=	2993.419

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2605.504	+	222.591
=	2828.095

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Kehua Data Co (SZSE:002335) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Kehua Data Co Effective Interest Rate on Debt % Related Terms

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Kehua Data Co (SZSE:002335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kehua Data Co Ltd (SZSE:002335) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 457, Malong Road, Torch Park, Torch High-tech Zone, Fujian, Xiamen, CHN, 361006

Website

http://www.kehua.com.cn

Kehua Data Co Ltd engages in the research, development, manufacture, and sale of renewable energy and data center products. Its product offerings include central inverters, inverter containers, and central distribution systems; energy storage systems and converters, and storage batteries; grid-tied PV and string inverters; solar controllers, off-grid inverters and chargers, single and three phase inverters and others.

Executives

Lin Qing Min	Executives
Chen Si Xiong	Directors, executives
Lai Yong Chun	Supervisors
Chen Hao	Directors, executives
Tang Shan	Executives
Lin Tao	Directors, executives
Cui Jian	Executives
Lin Yi	Directors, executives
Lu Ming Fu	Supervisors
Deng Hong Fei	Executives
Su Rui Yu	Executives
Liang Shu Zhan	Supervisors
Huang Qing Feng	Executives
Wu Jian Wen	Directors, Directors, and Executives
Wu Hong Li	Executives

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